openPR Logo
Press release

Global Automotive Additives Market sizes and predictions for growth

Global Automotive Additives Market sizes and predictions

An automotive additive is a chemical matter which when added to fuel or oil in a small quantity improves the quality of the fuel or the oil. The automotive additive can be a fuel additive or an oil additive. Fuel additives increase the octane rating of the fuel. Fuel additives can also act as lubricants and can also help in preventing corrosion, thus increasing the efficiency of the automobile. Thus, fuel additives decrease the problems related to stumbling or weak acceleration. Oil additives are compounds that help in increasing the efficiency of base oil. Nearly all the commercially available Motor oils contain additives. These oil additives are highly essential for proper lubrication of the motor. Automotive additives can be in the form of liquid or powder.

Get Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/14303

The Automotive Additives Market is expected to grow at a moderate CAGR during the forecast period.

Automotive Additives Market: Drivers & Restraints

The demand for fuel efficiency is increasing gradually. This can be achieved by adding automotive additives to the fuel. Also, now people prefer high segment cars instead of low segment cars. Hence, the demand for automotive additives is also increasing due to the requirement of lightweight materials in an automobile, to achieve fuel efficiency. According to Corporate Average Fuel Economy (CAFE) regulations, emissions need to be decreased, and lightweight materials are to be used in vehicles. This factor is also expected to drive the growth of Automotive Additives Market in the forecast period.Due to growing concern about comfort, durability, quality, safety and color, demand is increasing in the interior application of the Automotive Additives Market. With the increase in the electrification of the cars, Automotive Additives Market is expected to growth at a fast pace.

Volatility in prices of additives, the high price of the oil and fuel automotive additives and the engine downsizing trend going on in the automobile industries, are the factors that are expected to affect the growth of Automotive Additives Market.

Request For TOC Report @ https://www.marketresearchreports.biz/sample/toc/14303

Automotive Additives Market: Market Segmentation

Automotive Additives Market can be segmented by Plastic, by Plastic Additives, by Vehicle type, by Automotive Application, or by region.

By Plastic

Polypropylene (PP)

Polyurethane (PUR)

Poly-Vinyl Chloride (PVC)

Acrylonitrile Butadiene Styrene (ABS)

By Plastic Additives

Plasticizers

Anti-Scratch

Stabilizers

Antioxidants

Others

By Vehicle Type

Passenger Car

Light Commercial Vehicle

Heavy Commercial Vehicle

Electric Vehicle

By Automotive Application

Exterior

Interior

Under the Hood

Electronics & Electrical

By Region

North America

Europe

Asia-Pacific

RoW

Automotive Additives Market: Regional Outlook

In the forecast period, Asia-Pacific region is expected to grow and become the largest market for automotive additives by the end of the year 2017. The reason behind this is that the Asia-Pacific region is the hub for the production of passenger cars and electric automobiles. The fastest growing segment in the Automotive Additives market is expected to be Polypropylene Plastic. This is because the use of Polypropylene Plastic has increased in the automobile industry. This growth is expected to occur in all the regions- North America, Europe, Asia-Pacific and Rest of the World, but majorly in China, US, and Japan. As the use of plastics is increasing, Interior Application Market of Automotive Additives Market is expected to have the greatest market share. The use of plastics is increasing in the automobile industry due to the emission regulations and laws for the use of lightweight materials in vehicles led by the government.

Automotive Additives Market: Key Players

Some of the major players in the Automotive Additives Market are:-

Akzo Nobel N.V. (Netherlands)

BASF SE (Germany)

Clariant

Covestro AG (Germany)

The Dow Chemical Company (U.S.)

Evonik Industries

ExxonMobil Corporation (U.S.)

Kaneka Corporation

Lanxess

PolyOne Corporation

Sabic (Saudi Arabia)

Solvay

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

Mr. Nachiket

State Tower

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-621-2074

Website: http://www.marketresearchreports.biz/

E: sales@marketresearchreports.biz

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Automotive Additives Market sizes and predictions for growth here

News-ID: 1724883 • Views: 243

More Releases from MarketResearchReports.biz

Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is

All 5 Releases


More Releases for Automotive

Automotive Sunroof Market
Automotive Sunroof is a fixed or operable opening in vehicle that allows light or fresh air to enter inside a car. Sunroof are of many shapes and sizes and styles and they are either manually driver or motor driven. Increasing demand for premium cars and growing need to control light inside the vehicle is fueling the growth of automotive sunroof market. The major driver influencing the growth of automotive sunroof is
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Fasteners Market
Fasteners are the mechanical components that holds, joins or affixes two or more parts together, automotive industry is the largest market for the fastener. Automotive fasteners are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel, Plastic, they are further classified with their distinct characteristics. Automotive fasteners are generally used for the clamping parts of vehicle together to avoid their separation or wobbling, transmitting loads as
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,